A machine shop that uses job order costing overhead

Reference no: EM13611346

A machine shop that uses job order costing. Overhead isapplied to individual jobs ata predetermined rate based on directlabor costs. the job costs sheet for job no. 321 appears below:
Job Cost Sheet
Job Number:321 Date Started: May 10
Product: 2" Brass Checkvalves Date Completes: May 21
Units Completed: 4,000
Direct omaterials used.....................................$7,720
Directlabor.....................................................1,400
Manufacturing overheadapplied...................... 3,080
Total cost of job no. 321.................................$12,200
Unit cost ( $12,200 / 4,00 units...................... $3.05
Prepare general journal entires to recordthe credit sale of2,100 units from job no. 321 at a unit sales price of $5. Record in a seperate entry the related cost of goods sold.

Reference no: EM13611346

Questions Cloud

Tranter inc is considering a project that would have a : tranter inc. is considering a project that would have a ten-year life and would require a 1200000 investment in

The following information relates to the : the following information relates to the manufacturingoperations of oshaunessy mfg co. during the month of march.

Assuming that the particles velocity is perpendicular to : the solar wind is a thin hot gas given off by the sun. charged particles in this gas enter the magnetic field of the

The researchers found a significant difference between the : the researchers found a significant difference between the two groups control and treatment for change in mobility of

A machine shop that uses job order costing overhead : a machine shop that uses job order costing. overhead isapplied to individual jobs ata predetermined rate based on

Assuming all test scores are different you would like to : assuming all test scores are different you would like to determine the relative test scores of three classmates using

Donner corporation had net income of 400000 and paid : donner corporation had net income of 400000 and paid dividends to common stockholders of 40000 in 2012. the weighted

What is the magnitude of the magnetic field that the : in the operating room anesthesiologists use mass spectrometers to monitor the respiratory gases of patients undergoing

1 provide one research hypothesis and an equation for : 1. provide one research hypothesis and an equation for each of the following topicsa. the amount of money

User Account

All Pages